Barcelona-primarily based totally GoodNews raises €11 million to scale its socio-cultural espresso movement

GoodNews has raised €11 million for its espresso emblem this is brining approximately a social revolution.

Barcelona-primarily based totally GoodNews raises €11 million to scale its socio-cultural espresso movement

Barcelona-primarily based GoodNews has raised €eleven million for its espresso emblem this is brining approximately a social revolution. The espresso-meets-information stands are shooting up throughout Europe because the startup scales fast.

Picking up a every day newspaper, or a weekend unique is one of these nostalgic pursuits that has been loved for generations. Flicking via the pages, catching up at the day become constantly fine loved with a cup of espresso, and, for tens of thousands and thousands over the years, has been a ritualistic enjoy. But, as instances change, so do our behavior and newsstands have misplaced reputation over the years.

Bringing that allure lower back and with a modern twist. GoodNews is reworking the sector, turning into pioneers of the espresso area primarily based totally on prioritizing enjoy, information and vibes.

Fresh funding brewing

The Barcelona-primarily based totally startup, which has grown drastically this beyond yr, has now picked up €eleven million in a Series A round.

The investment become led via way of means of Thomas Meyer, founding father of Desigual, via his agency La Vida es Chula and Barlon Capital, led via way of means of Javier Rubió, and who has formerly invested in different a success initiatives including Paack, Housefy or Vicio. These diagnosed new country wide buyers upload to the accept as true with located via way of means of the modern companions who've additionally participated withinside the operation.

The funding additionally tripled the cost of GoodNews` preceding 3 financing rounds – turning into the espresso startup in Europe to have raised the maximum cash to date.

Jan Barthe, CEO and co-founder: “We are very satisfied to had been capable of near this operation with such success. We are very thankful to the buyers who location their accept as true with in our project, and of which we are able to already verify that it has emerge as the principle espresso startup in Europe, each in phrases of the quantity of funding captured and for its impact and innovation in its enterprise version.”

GoodNews: Good espresso, precise enjoy

Created withinside the espresso lovers` paradise of Barcelona in 2020 withinside the midst of the pandemic, GoodNews has been a part of a socio-cultural moment, reconnecting humans to what makes them experience precise and preserving their minds open to what's occurring across the world.

It become brewed via way of means of 5 friends, Jan Barthe, Fernando Conde, Alejandro Catasús, Lucas de Gispert and Ignacio Campos, all dedicated to turning conventional newsstands round to sell precise information at a sensitive socio-cultural moment.

Jan commented: “The espresso and wholesome beverage enterprise is experiencing a real revolution and our project is to guide the revolution in Europe. In latest years, the focal point has been at the foundation of espresso. Now we accept as true with that the time has come to attention on how espresso can upload cost to human health.” 

The startup operates alongside 3 enterprise verticals: Retail (beginning kiosks and shops withinside the essential towns of Europe), E-Commerce (in which you should buy espresso and join its espresso carrier and espresso machines) and a B2B carrier for SMEs and businesses.

Scaling throughout Europe

GoodNews has loved caffeine-fuelled boom due to the fact that its idea and has now reached a community of 21 Grab & Go areas positioned in Barcelona, Madrid and Paris. Recently, the agency has additionally opened 3 new areas in high places each in Madrid and Barcelona.

Jan Barthe added: “The monetary muscle we've lets in us to go into new segments and increase our variety of services and products primarily based totally on selling and disseminating wholesome lifestyles. In addition, we can do so, as constantly, respecting our code of ethics and most effective operating with providers and businesses withinside the enterprise that work (and may demonstrate) in prefer of finishing abuses withinside the espresso enterprise.”

In addition to the consolidation of its bodily income areas, the agency has advanced new traces of enterprise targeted on digitizing the sale of espresso at domestic and in workplaces via an revolutionary virtual subscription system. Among the agency`s plans for the approaching months is to increase the virtual subscription version each in houses and workplaces in Europe.

The agency, with a view to cease 2022 with a personnel of greater than one hundred workers, expects to shut the modern yr with sizeable boom in turnover and anticipates precise consequences for the approaching years with the boom of greater than 300%